The payment is less than the $1.06 billion a court in Kansas ordered it to pay in 2013.
Dow Chemical was hoping the Supreme Court would overturn the ruling, but the death of Justice Antonin Scalia left it evenly split between conservatives and liberals.
A split decision in the Supreme Court reverts to the lower court’s ruling.
Dow Chemical said in a statement that it settled because of the “increased likelihood for unfavorable outcomes”.
The company said it still believed the original verdict was “fundamentally flawed,” but felt settling was in the best interest of shareholders.
In 2015, Dow Chemical announced plans to merge with competitor DuPont in a $130 billion deal.
Quincy Jones, the celebrated musician and producer who worked with Michael Jackson, Frank Sinatra, Ray…
Misleading allegations, rumours and outright lies about voting and fraud are flooding online spaces in…
At least 158 people have died in Spain's worst flooding disaster in generations. On October…
Google has been fined two undecillion (a two followed by 36 zeroes) roubles by a…
Embarking on a home remodel is an exciting journey, promising enhanced comfort, increased property value,…
The US presidential candidates continued to campaign across key swing states on October 20. Footage…
